Champagne Exports Grew by 12% in 2015

May 11, 2016

Champagne and cognac were more popular abroad than Chanel No 5 and Yves Saint Laurent’s Opium in 2015, after a record year for the French wine and spirits industry.

French exports reached an all-time high of €11.7 billion (£9.16 billion) up 8.7 per cent from 2014, after two years of decline, Federation des Exportateurs de Vins et Spiritueux de France (FEVS), the sector's export federation said on Wednesday. Wine and spirits are now ranked second on the list of France’s largest export industries in France with a positive trade balance of €10.4 billion (£8.15 billion), behind the aerospace industry but above perfumes and cosmetics with a value of €9.2billion (£7.21 billion).The rise mainly came from a 12 per cent jump in champagne and a 20 per cent surge in cognac sales.Source: www.independent.co.uk